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26 October, 03:23

Policies and procedures designed to reduce the opportunities for fraud are often called:

a. Internal controls.

b. Asset source transactions.

c. Accounting standards.

d. Financial systems.

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Answers (2)
  1. 26 October, 03:34
    0
    Internal controls are the mechanisms, rules, and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability and prevent fraud.
  2. 26 October, 03:51
    0
    Option A ... Internal Controls
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